dollar coins، yen coins
USD/JPY Weekly Technical Analysis
The dollar yen is moving in a bearish wave. We expect a continuation of the decline to target the support area at 112.93 levels, and from the support area we expect a corrective ascending wave to be formed to target the resistance area at 114.06 levels.
But in the event that a four-hour candle closes below the level of 112.78, we expect the decline to continue and target the second support area at 112.07 levels, from which the bottom of the week is expected.
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